Search Results

Abstract:
Until recently, we were operating under the assumption that the liberal world order would prove sufficiently inclusive, productive and resilient to serve as a stable framework for international cooperation. But such optimism seems increasingly unwarranted as a wide host of existential challenges have materialized, including the return of geopolitics, the resurgence of autocratic leadership, the revival of economic protectionism and the rising tide of populism and nationalism.

Abstract:
Anti-corruption is central to building capable and legitimate security institutions in fragile states. However, military capacity-building programs often do not include anti-corruption measures. Denmark should strive to put the fight against military corruption on the international agenda

Abstract:
The repercussions of climate change and environmental challenges pose enormous risks to Iran and Saudi Arabia alike. While there are differences in geography and climate in both countries, they also have many environmental challenges in common. Problems such as sand and dust storms or diminishing water resources are border-crossing phenomena that no country can deal with alone; therefore, cooperation is key. At this point in time, however, willingness to cooperate is utterly lacking in a region marked by geo-strategic rivalries, ongoing military conflicts and deep-rooted mutual distrust between regional rivals, and between Saudi Arabia and Iran in particular.

Abstract:
The European Union is increasingly active on cyber issues internationally, guided by its various foreign policy documents and strategies, including its 2013 Cybersecurity Strategy and the 2015 Council conclusions on cyber-diplomacy. In line with these documents, the EU has deepened its bilateral ties with a number of key countries, resulting in a network of cyber partnerships. This article explores these partnerships in depth. It seeks to explain the different types of purposes that they fulfil, and the various mechanisms that underpin them, based on an ambitious mapping exercise. In essence, it is argued that the EU’s cyber partnerships aim not only for bilateral cooperation, but also for ‘reflexive’ results (whereby the EU aim to develop its cyber and diplomatic agency) and ‘structural’ results (whereby bilateral partnerships aim to strengthen the multilateral fabric and global internet governance). Once assessed against these multiple and intertwined purposes, these cyber partnerships appear more useful than meets the eye.

Abstract:
Some 5000 men, women and children have travelled from Europe to Syria and Iraq since 2012. An estimated 1500 of these foreign terrorist fighters (FTF) have returned so far. Belgium, Germany and the Netherlands represent a third of European FTF and returnees. This report looks into the evolution of policies on returning foreign fighters in these three countries, comparing responses with regard to fighters that are still in the conflict zone, policies to deal with returnees in prison and attitudes towards the children of foreign fighters. It is the very first systematic and in-depth study into national approaches and policies vis-à-vis returnees. Its added value lies in the wealth of data, including data that has not been published before, and in the comparative angle.

Abstract:
In light of the surge in large‐scale farms in developing countries, concerns have been raised that smallholders may be negatively affected. There is, however, very little evidence beyond case studies to support these claims. Drawing on nationally representative house‐ hold data sets and an inventory of large‐scale farms in Zambia, this study investigates the relationship between large‐scale farms and smallholders. First, we analyse the geograph‐ical contexts of wards that host large‐scale farms and show that large‐scale farms are found in wards with good infrastructure and soil quality. Second, we adopt a difference‐ in‐differences approach to estimate the impacts of large‐scale farms on smallholders’ area cultivated, maize yields, and access to fertiliser. We find that smallholders in wards with large‐scale farms increase their area cultivated and maize yields, but have lower fertiliser usage. This hints at positive spillovers at the extensive and intensive margins but not at improved access to agricultural inputs. It is likely that these results are also driven by the emergence of medium‐scale farms in these regions.

Abstract:
This policy brief synthesises the findings of political economy analyses (PEA) in the energy sector in three fossil-endowed middle-income countries (MICs): Colombia, Indonesia and Kenya. It is based on a research project on political economy constraints and enablers influencing governments’ decisions on green growth options in the energy sector, where policy directions for a robust green growth trajectory are explored.

Institution:
Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract:
This policy brief presents an overview of the ASEAN economy in terms of its economic relationship with multinationals, particularly Japanese companies, that have long invested in this region. ASEAN has been an attractor of foreign direct investment (FDI). Business interest in ASEAN has increased again recently due to the (i) relatively low wage of ASEAN compared to China, (ii) establishment of the ASEAN Economic Community (AEC), (iii) economic partnership network with a core of ASEAN countries, (iv) large-scale market covered by ASEAN, and (v) rise of CLMV countries (Cambodia, Lao PDR, Myanmar, and Viet Nam). In these trends, ASEAN has established a reciprocal economic relationship with other countries and regions. To develop its economy, ASEAN member states are expected to further advance the AEC at a high level. Hence, ASEAN must address challenges such as deepening further economic integration and narrowing development gaps in the region. Most importantly, ASEAN still needs to increase the attractiveness of its 'whole region' as an essential and integral part of global value chains to draw further FDI.

Topic:
Economics, International Political Economy, International Trade and Finance, Global Political Economy

Abstract:
Japan serves as a cautionary tale for Italy on how to clean up banking-sector problems. A general lesson is the need for policies to forthrightly address non-performing loans (NPLs) in countries with widespread banking problems. This helps address zombie banks and sluggish economic growth. The Japanese experience indicates that three elements are necessary to address NPLs: (a) sufficiently capitalised banks that can take losses from NPL write-downs; (b) an independent regulator that can identify problems and force action; and (c) tools to manage the orderly disposal of NPLs. The problem is not that this combination of policy tools is unknown, but that banks and governments lack incentives to use them in combination. Italy’s December 2016 package providing €20 billion for recapitalisation of banks is a step in the right direction. Similarly, pressure from the European Central Bank on Italian authori- ties and on banks to address NPLs is welcome.
However, policy tools to manage and dispose of NPLs and, just as importantly, incentives to use them, are lacking. In January 2017, the European Banking Authority published a set of policy proposals for NPL resolution. Those include national and European-level public asset management companies (AMC), also known as ‘bad banks’. We argue that in Italy, the incentives to use such tools and dispose of NPLs have been weak.

Topic:
International Trade and Finance, Political Economy, Economic structure, Global Political Economy